CLIP MONEY INC - CLPMF STOCK NEWS

Clip Money, Inc. (CLPMF) partners with Miss A, a beauty essentials retailer, to provide innovative cash management solutions, driving down operating costs and optimizing cash flow. The partnership aims to support Miss A's accounting, operations, and loss prevention objectives, with plans for further expansion in 2024.

Clip Money, Inc. (CLPMF) announces its participation in the 2024 ATM Industry Association Conference to showcase its business cash deposit solution in partnership with NCR Atleos, aiming to expand market reach and enhance cash management offerings.

Clip Money Inc. experienced significant transaction and cash deposit growth in Q4, demonstrating the scalability of its network and value for cash-based businesses. The company saw a +100% QoQ revenue surge, driven by increased deposit volume, deposits per month, and revenue per user. Clip expects this trend to continue in 2024 with new sales and customer support resources. The company also plans to expand its ClipDrop cash deposit solution and launch new products, including Clip Change and a network of deposit-enabled Clip ATMs.

Clip Money Inc. (TSX-V: CLIP) has entered into a binding offer letter with the Business Development Bank of Canada for a loan of CDN$500,000 in the form of non-revolving subordinated secured debt. The loan will bear interest at a floating rate equal to the BDC floating base rate plus a margin of 1.00% and is repayable in full on November 15, 2026. Clip Money aims to transform how businesses conduct financial transactions, aligning with BDC's strategy of increasing support for entrepreneurs.

Clip Money Inc. (TSX-V: CLIP) announced its financial results for Q3 2023, highlighting a surge in enterprise customers making deposits through the network. Revenue for Q3 was $148,965 USD, compared to $44,907 in Q2, 2023. The company processed deposits for over 850 unique depositing stores in Q3 and processed over 40,000 deposits, totaling approximately $26.5M in deposit value. The company also closed a non-brokered private placement of 28,596,826 Common Shares at a price of CDN$0.23 per Common Share for gross proceeds of approximately US$4,900,000 and a non-brokered private placement of secured convertible notes of the Company for gross proceeds in the principal amount of US$6,132,271.

Clip Money Inc. announces the resignation of Mr. Daren Trousdell as a director and the appointment of Mr. Stuart Mackinnon to the board of directors. Mr. Trousdell was a co-founder and key contributor to the Company, while Mr. Mackinnon brings valuable experience as the COO of NCR Atleos. The Company expresses gratitude to Mr. Trousdell and looks forward to leveraging Mr. Mackinnon's expertise.

Clip Money Inc. to participate in ThinkEquity Investor Conference 2023

NCR Corporation announces strategic investment in Clip Money Inc. and establishes a commercial collaboration to combine their business cash deposit solutions. This partnership will expand Clip's market presence and enhance NCR's cash management solutions. NCR will enable Clip deposit services at its premier cash in network, providing convenient access to Clip services for businesses across the United States.

Clip Money Inc. announces closing of private placements and partnership with NCR Corporation